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Credit Card Lending Survey Results for Second Quarter 2020

Press Releases

14 Aug 2020

Credit Card Lending Survey Results for Second Quarter 2020

The Hong Kong Monetary Authority published today the credit card lending survey results for the second quarter of 2020.

Total card receivables edged up by 0.2% in the second quarter to HK$124.2 billion at end-June 2020, after a decrease of 10.0% in the previous quarter.

The combined delinquent and rescheduled ratio rose slightly to 0.47% at end-June 2020 from 0.43% at the previous quarter-end while the charge-off ratio increased to 0.71% from 0.42%, as the economic impact of the COVID-19 outbreak took hold.

Annex

 

Hong Kong Monetary Authority
14 August 2020

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Last revision date : 14 August 2020